Taking a lodger 'may affect insurance'

Homeowners may risk invalidating their home insurance if they do not inform their insurers they are sub-letting their properties or taking in lodgers, it has been claimed.

Malcolm Tarling, spokesperson for the Association of British Insurers, said insurance advisors should always be informed if Britons are planning to take on a lodger.

"If you have got an existing policy and you take in a lodger you should also advise your insurance company because it may affect the policy," he added.

Mr Tarling went on to note that any change to the risk of a property should be passed on to a cover provider.

Britons may have considered taking on a lodger in order to meet their mortgage payments.

However, people who are struggling may find that it is more affordable to look for property to rent in Eltham and other parts of London, rather than taking on a mortgage.

Some insurers, including esure, do not provide insurance to people taking in lodgers, whilst others, such as Aviva, do offer cover, but require the homeowner to disclose if anyone, including lodgers, has a criminal conviction.

Do you want a Short Let?

Do you want a Commercial Let?

Like this?

Share this

Follow Net-Lettings

Follow Estates IT

Net-Lettings.co.uk

Net-Lettings.co.uk was one of the first property and agent directory websites on the internet launched in 1996. We still believe in simplicity today. Use this London Lettings Directory for all your rental property needs whether a Tenant or Landlord.

London Areas

London is a diverse community of people. There are many areas to choose from we have around 245 that appear on the map and approximately 338 total London areas. Here are just a few of the latest hot areas.

Advertising & Sales

This site offers Letting Agents low cost effective advertising of their web site. We are not a Letting Agency but connect you directly Lettings Agents in your required area.
Letting Agents see below options available with Net-Lettings. You can contact or follow us below.